Order No. 589
The Commission, with the concurrence of the Office of
Government Ethics (OGE), issued, in this rulemaking, regulations
for employees of the Commission, including members of the
Commission, which supplement the Standards of Ethical Conduct for
Employees of the Executive Branch issued by OGE. The
supplemental regulations establish prohibitions on holding
securities of certain companies substantially affected by
Commission regulation and require Commission employees to seek
approval from the Designated Agency Ethics Officer of the
Commission (DAEO) prior to engaging in certain outside
activities. The supplemental regulations also require employees
to document recusals in writing. The Commission also repealed
its existing standards of conduct and inserted in their place a
cross-reference to other ethics regulations, and a provision
establishing standards of cooperation with the Inspector General.